Academy Offers Perspective on Major Issues at NAIC Fall 2014 National Meeting
The Academy made numerous presentations on a range of topics to commissioners and regulators at the National Association of Insurance Commissioners (NAIC) Fall National Meeting in Washington that was held Nov. 16-19. Read the Academy Alert.
This Week: Academy Speaks at NAIC Meeting; Annual Meeting Speeches Available Online; Dues Reminder
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication.
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Revised FAQs on USQS: Spelling Out the Details
The Committee on Qualifications chair along with another committee member discuss a greatly expanded and detailed revision to the committee’s Frequently Asked Questions on the U.S. Qualification Standards, including topics such as statements of actuarial opinion, practicing in more than one area, continuing education, and other qualification matters.
Annual Meeting Speakers Share Insights on the Future of the Academy, Insurance Regulation, Health Care Policy
Prominent speakers at the Academy’s Annual Meeting and Public Policy Forum in Washington on Nov. 13-14 offered insights into the future of the Academy, insurance regulation at both the domestic and international levels, trends in health care policymaking, and other major public policy topics of interest. A robust professionalism discussion of how actuaries with governmental contacts should deal with potential risks from insider trading laws was highly popular.
Academy President Tom Terry Highlights Professionalism at Actuarial Society of New York's Fall Meeting
Academy President Tom Terry helped kick off the Actuarial Society of New York’s Nov. 5 fall meeting in New York as the speaker for its general session “Professionalism: Meeting High Expectations in a Fast-Changing World.” The session provided several hundred actuaries in attendance with an update on recent Academy activities, including highlights of professionalism activities, and perspectives on the long-term future of the actuarial profession in the United States.
Reinsurance Committee Submits Comments on Reinsurance and Ceding Commissions Proposal
The Reinsurance Committee submitted comments to the International Accounting Standards Board on the Insurance Contracts Project's reinsurance and ceding commissions proposal.
Academy Presents on Policy Implications of Price Optimization in Ratemaking
Mike Angelina, the Academy’s immediate past vice-president for casualty, made a presentation to the Casualty Actuarial and Statistical (C) Task Force (CASTF) at the Fall NAIC Meeting on the public policy implications raised by the practice of price optimization in ratemaking.
Work Group Presents New Medicare Supplement Refund Formula Recommendation
Medicare Supplement Work Group made a presentation to the NAIC’s Health Actuarial Task Force on recommendations for potential modifications to the Medicare Supplement refund formula.